PRESS DIGEST- Wall Street Journal - Dec 15
Dec 15 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
- European Union leaders agreed to open membership talks with Ukraine even as it continues to fight Russia's invasion, but they could not agree on a 50 billion euro package of financial aid for Kyiv due to opposition from Hungary.
- Freepoint Commodities agreed to pay more than $98 million to settle allegations it conspired to bribe Brazilian officials to secure business from state-owned oil company Petroleo Brasileiro, or Petrobras.
- RTX named Christopher Calio as its next chief executive, picking an insider to steer one of the world’s largest aerospace and defense companies as it manages a costly recall of jet engines and surging demand from both military and commercial customers.
- Two units of Blackstone Real Estate Debt Strategies, Blackstone Real Estate Income Trust, Canada Pension Plan Investment Board and funds affiliated with Rialto Capital on Thursday entered a newly formed joint venture with the Federal Deposit Insurance Corporation.
- Australian Clinical Labs withdrew its takeover offer for Healius, citing the deteriorating performance of its pathology services rival rather than opposition from Australia’s competition regulator.
- White House national security adviser Jake Sullivan pressed Israeli leaders to shift from a reliance on airstrikes and ground assaults in Gaza toward targeted military operations and warned that a protracted conflict would make the Palestinian territory harder to govern after the war.
(Compiled by Bengaluru newsroom)
